Finance – Banking leads the group of occupations with high salaries in 2024

The information was announced by ManpowerGroup Vietnam – a multinational human resources solutions provider on December 7 in the newly announced 2024 Salary Guide.

SALARY IS MAINTAINED STABLE IN MOST OCCUPATIONS

ManpowerGroup Vietnam’s 2024 Salary Guide introduces detailed market overview information across 10 major industry groups, including salaries for hundreds of positions at all levels, based on actual data and forecast analysis. Predictions of ManpowerGroup Vietnam experts.

The 2024 Salary Guide has pointed out the main characteristics of the Vietnamese human resources market this year.

Specifically, salaries remain stable in most occupations. Despite unfavorable factors, such as reduced consumption or conflicts and geopolitical tensions around the world, salaries for occupations in 2024 in Vietnam are expected to remain stable.

Notably, the top position is maintained. Among them, the Finance and Banking sector continues to hold the top position among the occupations with the highest salaries. Digitalization, Communications and Information Technology follow, with the best paying jobs being in Software and E-commerce Technology.

Next is the increasing trend of “green” jobs. The 2024 Salary Guide shows a significant increase in job positions related to sustainable development/ESG (Environment – Society – Governance), accompanied by generous salaries and bonuses.

The HSE Specialist position is paid about 1,200-2,000 USD/month, while the salary of a person holding the position of HSE Manager can be up to 9,000 USD/month.

The 2024 Salary Guide also shows that businesses pay more attention to the physical and mental health of workers. Business leaders increasingly understand the needs of workers and have more practical support policies.

This year’s job list appears as a Director of Health and Lifestyle (for example in the field of Finance – Banking) with a salary equivalent to other professional positions, demonstrating the desire to help employees. balance between work and life.

Besides, green transformation – with the goal of moving towards a brighter and more sustainable future is taking place globally. The application of ESG sustainable development goals – which was previously considered only a differentiating feature of a few large companies – has now become a widely applied standard in operations. business activities of all countries.

In Vietnam, Decision No. 1658/QD-TTg of the Prime Minister approved the National Strategy on Green Growth for the period 2021 – 2030, vision 2050. This national goal has created opportunities and New challenges for both the workforce and businesses.

THE NEED FOR SKILLED PROFESSIONAL PERSONNEL IS INCREASING

ManpowerGroup Vietnam said that recent years have seen a significant increase in demand for green jobs and green skills across industries.

“Not only has the term “green workforce” emerged, but the concept of “green” has also expanded. Businesses in every sector are looking for skilled workers to contribute initiatives that help them move closer to their ESG goals, regardless of their expertise.

About 70% of businesses globally have been actively recruiting for green roles and skills. And in Vietnam, according to our data as of May 11, 2023, the Manufacturing and Processing sector is the industry with the highest demand for green job recruitment, with a rate of up to 33%,” said Mr. said Simon Matthews, Regional Director Southeast Asia, ManpowerGroup.

Currently, the human resources market in Vietnam is still experiencing fierce competition, in which the demand for highly skilled personnel has increased significantly compared to pre-pandemic times.

According to Ms. Nguyen Thu Trang, Manpower Brand Director, ManpowerGroup Vietnam, if employers only rely on salary, it is not enough to satisfy the diverse needs and desires of workers. Meanwhile, continuously increasing salaries and bonuses is not a viable option in the long run. Therefore, businesses need to get out of the rut and be more flexible in attracting and retaining talent.

According to Ms. Trang, the pandemic has changed the expectations of both employers and employees, making them pay more attention to work-life harmony.

“Workers of all generations now expect to receive other benefits from their businesses, such as paid parental leave, training and skills development, or flexible choices. Workplace. The good news is, more and more businesses in Vietnam are really paying attention to this and quickly implementing appropriate strategies to attract and retain workers,” Ms. Trang said.

Thanks to many favorable conditions and a young, dynamic workforce, ManpowerGroup Vietnam believes that Vietnam continues to be a magnet to attract international businesses looking for strong growth opportunities.

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